[Price Reporting] Stainless Steel : N-155

[Price Reporting] Stainless Steel – N-1551. Reporting Duration: February 24, 2025 – February 28, 2025 2. Introduction to Metals: Alloy Price Analysis including Stainless Steel 3. Summary : Between February 24 and 28, 2025, the price of N-155 increased by $0.33, driven by rising prices of nickel, cobalt, and ferrotungsten. Nickel prices rose due to supply instability and growing demand from electric vehicles, while cobalt surged after the Democratic Republic of Congo announced a suspension of exports. Ferro tungsten prices also increased due to supply chain disruptions. The price of N-155 is ex...